Downtown Austin

Market Report

Median rate is a number derived from the median rate of listings posted on 42floors and reports from thought leaders in the area.

Median Size (sqft)

5,230

Downtown Austin Rates

Most listings are in the $40's per square foot per year.
The Downtown Austin submarket is seeing a an increase in rates.
In the last 3 months, the median rate
rose
$1 per sqft per year.
That's a 3%
increase in rent.

Compared to the rest of the Greater Austin market, the Downtown Austin submarket has
more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Downtown Austin Listing Supply

In the last 90 days, 753 listings have come on the market,
so you'll want to check back regularly for new listings.
About 12% of the listings in the Downtown Austin are subleases,
so you might be able to snag a great spot on a short term.
There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 5,230 sqft, there are still 0 leases below 2,000 sqft.
Most buildings in this region are close to 8 stories.
Most buildings in this region were built in 1974
and are Class A.

Downtown Austin Community

This market is fairly equally mixed residential and commercial.
Information is the dominant industry in this region.
Commute by public transit is the most popular way to get to work amongst Downtown Austin occupants.
Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Downtown Austin.Research

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